Wednesday, September 23, 2015

Uber Buys Historic Oakland Building

The ride-hailing tech company Uber is expanding into Oakland, with the purchase of the historic seven-story Sears building in Oakland’s downtown. Oakland mayor Libby Schaaf says Uber's move will help revitalize Oakland’s downtown. But the move also raises concerns about how it might affect rental costs and housing affordability in Oakland. Christopher Martinez reports from Oakland.